Enhanced Patient Protection and Affordable Care Act (ACA) premium tax credits (PTCs) will expire on Dec. 31, 2025, threatening a loss of health insurance coverage and increased premium rates for millions of Americans. Congress established PTCs to assist eligible households with reducing their premium payments for qualified health plans offered through health insurance exchanges. Originally limited to households with incomes between 100% and 400% of the federal poverty level (FPL), the premium tax credit was expanded in 2021 by eliminating the maximum income limit of 400% and reducing the applicable percentage utilized in calculating the premium contribution, leading to increased support to cover the cost of their insurance.
